Seattle, WA – April 15, 2024 – Seattle Hospitality Group (SHG) today announced a definitive agreement to acquire a controlling interest in Fremont Brewing.
The partnership marks a significant milestone in SHG’s ongoing commitment to supporting the craft beer community in Seattle, which began with its acquisition of Pike Brewing in 2021. Under the terms of the agreement, Seattle Hospitality Group will provide Fremont Brewing with resources and support to accelerate its growth plans. The acquisition brings together two iconic Seattle-based breweries with a shared passion for quality, innovation, and dedication to community. By combining resources and expertise, Pike Brewing and Fremont Brewing will work together to continue to push the boundaries of local craft beer excellence and growth.
“We founded Seattle Hospitality Group in 2002 with the mission to invest in iconic Pacific Northwest brands, and our acquisition of Fremont Brewing is a continuation of this long-term vision,” said Howard Wright, Founder and Chair of Seattle Hospitality Group. “We are excited by this opportunity to invest in a Seattle company that shares our passion for culture and vision for growth.” With the acquisition, Pike Brewing’s craft beer offerings will continue to exist as separate products within Fremont Brewing’s offerings, with each brand maintaining its existing individual brand identity and product assortment.
“I couldn’t be more enthusiastic about joining the Fremont Brewing team and the opportunity it presents to enhance our legacy,” said Charles Finkel, Founder of Pike Brewing. “This move allows us to continue our tradition of crafting exceptional beer while embracing new possibilities for increased distribution, growth, and innovation. Together, we’ll honor the spirit of Seattle’s brewing heritage while charting a course for a dynamic and vibrant future.”
Matt Lincecum, owner of Fremont Brewing, stated, “We are excited to embark on this journey with Seattle Hospitality Group and Pike Brewing. Charles and Rose Ann built Pike into a legendary brewery, and we look forward to honoring and building upon their legacy. Both of our breweries share a deep-rooted passion for brewing exceptional beer and fostering meaningful connections within the local community. Keeping it local is really what this partnership with SHG, Pike, and Fremont is all about.”
For more information about Pike Brewing and Fremont Brewing, visit their respective websites at pikebrewing.com and fremontbrewing.com.
